Auto-components industry grew 34.8% to ₹2.65 lakh crore in H1 FY23: ACMA

Auto-components industry grew 34.8% to ₹2.65 lakh crore in H1 FY23: ACMA

In H1 FY23, exports of components grew by 8.6% to $10.1 billion (₹79.03 lakh crore), while imports climbed 17.2% to $10.1 billion (₹79.8 lakh crore), Automotive Component Manufacturers Association of India (ACMA) said. | Photo Credit: M. Periasamy India’s auto components industry witnessed a 34.8% growth to ₹2.65 lakh crore in first-half of 2022-23, riding […]

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Tata Motors to hike commercial vehicle prices by 2% from Jan

Tata Motors to hike commercial vehicle prices by 2% from Jan

Tata Motors said it will increase prices of its commercial vehicle range by up to 2% from January 2023 | Photo Credit: Reuters Tata Motors on Tuesday said it will increase prices of its commercial vehicle range by up to 2% from January to offset the impact of rising input costs. While the price increase […]

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CV market may perform well this year, says Tata Motor’s Wagh

CV market may perform well this year, says Tata Motor’s Wagh

‘Consumption is also witnessing continuous growth leading to good demand conditions’ ‘Consumption is also witnessing continuous growth leading to good demand conditions’ Tata Motors said it is expecting the commercial vehicle (CV) industry to perform well this fiscal after two years of downturn, with an upturn in demand across all segments. Moreover, consumption is also […]

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Need star-rating for trucks too, says Daimler India’s Arya

Need star-rating for trucks too, says Daimler India’s Arya

‘Require safety road map for commercial vehicles with the goal of zero fatalities in the first step and zero accidents in the next’ ‘Require safety road map for commercial vehicles with the goal of zero fatalities in the first step and zero accidents in the next’ Commercial vehicles such as trucks too should be part […]

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